2024 401k Limits Chart In India. On november 1, 2023, the internal revenue service announced that the amount individuals can contribute to their 401 (k). Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.
As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. In 2024, the contribution limit for a roth 401 (k) is $23,000, plus an additional contribution of $7,500 if you are age 50 or older.